£217,381
This estimated value is based upon the latest sale price for the house of £136,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Faircross Parade, Longbridge Road, Barking, IG11 8UN
Phone: 02080338686
| Price Paid | Date |
|---|---|
| £136,000 | 8 Jun 2007 |
| £124,000 | 11 Mar 2005 |
| £49,995 | 16 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £136,000 results in an estimated price of approximately £217,381.
| 8 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £136,000 | £81,381 | £217,381 |
The Postcode Pricing Model uses changes in average sales price within the IG11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 122.078 % | £166,026 | £302,026 |
| 3 Month Average | 62.436 % | £84,912 | £220,912 |
| 6 Month Average | 66.999 % | £91,119 | £227,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £276,275 | £270,000 | FLAT 2 BAY TREE COURT, 349 LONGBRIDGE ROAD |
| 9 Oct 2023 | £649,757 | £635,000 | 489 LONGBRIDGE ROAD |
| 21 Aug 2023 | £499,000 | £490,000 | 76 CAVENDISH GARDENS |
| 30 Jun 2023 | £291,849 | £286,000 | 385 LONGBRIDGE ROAD |
| 2 Mar 2023 | £488,152 | £480,000 | 205 CAVENDISH GARDENS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Dec 2021. Using an estimated price of £217,381 means this house is valued at £3,396 per sq meter (£315 per sq foot).
The average size of a house on LONGBRIDGE ROAD is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sudbury Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Longbridge Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Longbridge Road |
| Sep 2024 | Public order | Under investigation | On or near Longbridge Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Gardens |